UPDATE: Exact Sciences' (EXAS) Cologuard Deemed 'Medically Necessary' by BlueCross BlueShield

August 10, 2016 1:17 PM EDT

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(Updated - August 10, 2016 1:52 PM EDT)

Exact Sciences' (NASDAQ: EXAS) Cologuard was deemed medically necessary as of 8-15-16 for HCSC commercial members, according to a company spokesperson (link).

Updated: The company also just received a positive med coverage policy from Blue of FL (2.9M total lives).

Market Access Health Plan Win

Account: HCSC (Coalition of multiple Blues)

Location: BCBS NM, OK, TX, IL, MT

Total Medical Covered Lives: (This includes all lines, we will provide more color on commercial as we analyze the data)

Blue Cross and Blue Shield of Illinois

8,097,998

Blue Cross and Blue Shield of Montana

291,766

Blue Cross and Blue Shield of New Mexico

495,639

Blue Cross and Blue Shield of Oklahoma

860,607

Blue Cross and Blue Shield of Texas

5,016,093

14,762,103

Type of Win:

  1. Medical Policy: YES

  1. Contract: NO



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